Pages

Friday, August 27, 2010

FOXNews.com - Economic Growth Rate Downgraded to Anemic 1.6 Percent in Second Quarter

More bad news everyone. Q2 GDP figures revised downward. As an FYI, to officially emerge from a recession you need consecutive quarters of 5.5% GDP growth or better. We are nowhere near this rate of growth. Compound this with multiple economists saying today that the administration's gun barrel of solutions is empty. They've done everything they can, really?
Comments
0 Comments